Colombia has published Decree No. 1973 of 29 October 2019, which includes updated provisions on the attribution of income to a permanent establishment or branch in Colombia of a non-resident individual, company, or other foreign entity. The main provisions are as follows:
Further to the provisions on permanent establishments and branches, the Decree also includes provisions regarding the taxation of private equity funds and collective investment funds, including for the deferral of tax, withholding obligations, and others.
The Decree is generally effective on 29 October.
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